The answers to all of these questions have a very direct impact on your auto insurance rates.
Just to give you a basic understanding, We are going to provide you with brief descriptions of the different automobile coverages you can purchase to protect yourself and your vehicles. Please remember that these are brief explanations only and that any possible conditions, exclusions, limitations and extent of benefits that might pertain to your specific situation are not explained.
Liability covers damages for accidental property damage or bodily injury caused by you or any member of your household who is specifically listed on your policy while driving a car covered by the policy. This coverage applies only if the driver is legally responsible for the damage. We can help you determine the limits that are right for you.
This portion of your policy provides payments for all reasonable medical and dental expenses incurred by you or a member of your household as a result of an accident in your car, regardless of whose fault the accident was. This coverage also covers passengers who may be riding in your car.
There are situations when you would not be covered for medical payments. One is if the injuries were sustained while your car was being used as a taxi or other commercial use. Another would be if the vehicle you were injured in was a car owned by you, but not listed on the policy.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
Uninsured motorist coverage will protect you and your passengers in the event you or a member of your household is injured by someone who is found legally responsible for an accident but has either no insurance or coverage below the minimum required by law. This coverage also protects you and the members of your household from injuries caused by a hit-and-run driver.
Underinsured motorist coverage will protect you in the event you or a member of your household is injured by someone who is found legally responsible for an accident and has coverage, but not enough to cover your injuries and your coverage limits are higher than those of the at fault driver.
Coverage is not identical in all states since each state has its own uninsured motorist laws. In most states this coverage applies to bodily injury only. However, property damage coverage is available in some states.
There are situations when you would not be protected from uninsured motorists. Coverage does not apply if you are injured in a vehicle owned by you, but not listed on your policy. Second, coverage does not apply if you accept a settlement or begin legal proceedings against the person who caused the accident without the written consent of your insurance company.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
There are two types of coverage: (a) Collision; (b) Other Than Collision (also called "comprehensive coverage")
(a) Collision coverage will pay for any damage to a car listed on your policy resulting from a collision with another automobile or object. The maximum amount to be paid is limited to the actual cash value of your vehicle, commonly referred to as "blue book" value, less the collision deductible.
(b) Comprehensive coverage will pay for most any damage to a car listed on the policy resulting from a situation other than a collision with another automobile or object. Some of the things covered by this portion of your policy include: breakage of glass, falling objects, fire, theft, windstorm, hail, water, flood, malicious mischief, vandalism, or collision with a bird or animal.
The maximum amount paid is limited to either a specified amount or the actual cash value of your vehicle less the "other than collision" deductible. Comprehensive also covers damage to items stored in the car for up to a certain limit specified in your policy.
Both of these coverages are usually subject to a deductible that is the amount you have to pay out of your own pocket for each claim. The higher the deductible you select, the lower your premium payments will be.
There are situations when your policy would not pay for damages. For example, damage due to normal wear and tear such as mechanical or electrical breakdowns and flat tires, would not be covered.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
This coverage pays for towing and labor costs each time your car is disabled. Any labor must be performed at the place where your car is disabled.
You may be able to purchase this coverage at various levels and it usually has a limit that will be applied to each loss.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
Rental Reimbursement coverage pays for a rental car if your car is damaged by something covered by comprehensive or collision coverage and if your car is out of commission for more than 24 hours.
This coverage usually has a limit that will be applied to each loss.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
These items are not covered under your basic policy. You can purchase this coverage that pays up to a certain limit for loss of your tapes/CDs used with your car's stereo equipment, as long as they are in your car at the time of loss.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
These items are not covered under your basic policy unless installed by the manufacturer. You can purchase this coverage that will pay for loss to your CB or two-way radio/telephone if the equipment is permanently installed in your car at the tme of loss.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
Custom equipment for pickup trucks and vans is not covered under the basic policy. You can purchase this coverage that provides physical damage coverage for custom equipment of your pickup or van.
Please refer to your automobile contract for the specific terms and conditions of the coverage that you have purchased.
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